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Thompson Creek Metals Says New Reserves Add Years to B.C. Moly Mine’s Life
Sep. 13, 2011 03:25PM PST
Industrial MetalsWinnepeg Free Press reported that an increased reserve estimate by Thompson Creek Metals Company (TSE:TCM) will extend the life of its British Columbia molybdenum mine.
Winnepeg Free Press reported that an increased reserve estimate by Thompson Creek Metals Company (TSX:TCM) will extend the life of its British Columbia molybdenum mine.
The market news is quoted as saying:
The company said Monday it now estimates Endako, which is 75 per cent owned by Thompson Creek, has 312.2 million pounds of molybdenum, up nine per cent from the previous estimate of 286.2 million pounds.
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